Venture(US:VEMLY) Xi Niu Cai Jing·2025-11-19 09:17Core Insights - Li Yang, the former Vice President of Products at Yunzheng Intelligent, has left the company to pursue entrepreneurship in the field of embodied intelligence, focusing on AI companion robots [2] - This departure marks a significant trend in the smart cleaning industry, with other notable executives also transitioning to the consumer robotics market [2] - Yunzheng Intelligent is currently in a critical phase as it approaches its IPO, having recently completed a $100 million financing round led by Tencent and the Beijing Robotics Industry Development Fund [2] Company Developments - Li Yang, who joined Yunzheng in 2021 from DJI, played a key role in product and technology development, leading the R&D of critical products [2] - His departure comes at a time when Yunzheng is initiating Pre-IPO financing, indicating a strategic shift within the company [2] Industry Trends - The global companion robot market has reached a size of $9.2 billion in 2023, with a projected compound annual growth rate (CAGR) of 25.68% over the next five years [2] - By 2029, the market size is expected to exceed 300 billion yuan, reflecting a growing interest and investment in the sector [2] - Li Yang's move to start a new venture in this booming market exemplifies the current trend of capital enthusiasm and talent mobility within the industry [2]